Latest Market News
Basic Attention Token has started the year in a sideways trend as it ranges between $0.18 and $0.20. A break of this range will need to be established before we can ascertain the next direction of the market. The cryptocurrency is up by a total of 10% over the past 2 weeks as BAT has managed to rebound from $0.16, but it still must break $0.20 to turn bullish.
Cryptocurrency derivatives exchange Deribit is moving its operations from the Netherlands to Panama, according to an announcement released yesterday. The reason for the move is the changing landscape of regulations for cryptocurrency businesses in the European Union – EU nations are slated to adopt the Fifth Anti-Money Laundering Directive (AMLD5), which entails significantly stricter rules for cryptocurrency businesses operating in the EU.
There are fascinating times ahead for the Bitcoin market, as the crypto community is counting down the weeks leading up to the 2020 Bitcoin halving. Whether the halving has a bullish or bearish effect on Bitcoin, it’s hard to imagine that we won’t be looking at a substantially different BTC market at the end of 2020.
Cryptocurrency exchange service Cryptobuyer has rolled out a service that allows Burger King restaurants in Venezuela to accept cryptocurrency as payment. The service supports payments made with six well-established cryptocurrencies – Bitcoin, Ethereum, USDT, Litecoin, Binance Coin and Dash.
As we begin the new the year, a number of projects are embarking on renewed roadmaps, and this week’s choices are set to benefit from significant developments and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
The Google Play Store has reinstated the MetaMask application for Android devices after removing the app in late December. At the time, Google reportedly rejected MetaMask’s appeal against the removal by saying that applications that enable cryptocurrency mining are prohibited from the Play Store. However, this seems to have been a misunderstanding, as MetaMask is not a cryptocurrency mining app.
We cover the best and worst crypto performers, as well as the top news and events that shaped the cryptocurrency markets in 2019.
Throughout the mid-2019, the price of NEO saw a lot of loss after marking the yearly high at $20.85 on June 26. After bottoming at $6.68 on October 23, NEO gained recovery back to $13.45 before closing the year 2019 on a bearish mode, though the surge was led by the Chinese president, Xing Ping announcement on the adoption of blockchain and cryptocurrency in the country.
Cardano will continue to cause FUD amongst traders if the trend remains neutral-bearish. Find out of ADA price will break out by reading this Cardano price analysis.
The Binance cryptocurrency exchange has announced that it will support the upcoming Muir Glacier update on the Ethereum blockchain.
